By Mary Marvin, Mayor, Village of Bronxville
Nov. 17, 2021: This is the promised Part Two update on news and projects emanating from Village Hall.
First the financial side. We currently have a fund balance of $8.2 million or 45.6% of our total annual appropriation of $18,039,174. This does not include our American Rescue Plan Act payment of $325,000. Departmental revenue is down year to date $56,000 vs. budgeted with the lion’s share of losses from the parking permit line and meter revenue shortfalls. Our fine collection was also down $364,000 reflecting the lack of a working court for almost a year as well as less face to face stops due to the possible transmission of Covid.
The positive news is that parking meter revenue and parking permit sales are trending upward, though commuter buyouts are clearly lagging. To mitigate this shortfall, we continue to offer non-resident permits which are re-evaluated every quarter in an effort to keep the permits available to Village residents who may begin commuting again in the near future. We also continue the issuance of the new hybrid permits which offer up to twelve days of commuter parking per calendar month. Parking fine revenues currently are at 85% of pre-Covid but they are coming in as budgeted.
Going forward, in the next fiscal year’s budget, we anticipate increases in fuel prices and health insurance premiums hopefully offset by a corresponding decrease in our retirement fund payment.
We are initiating or continuing an unprecedented number of Capital Projects.
The following is just a sampling:
As the holiday season fast approaches, our merchants need your support now more than ever as they try to come out on the other side of Covid. Local patronage not only results in much needed sales for the merchants and the corresponding sales tax revenue that the Village receives but equally important local patronage sends a message to our merchants that their presence in the Village is valued and appreciated. Local purchasing is critical to the financial health of the Village and property values. On average, we receive approximately $1 million per year in sales tax revenue. Every $80,000 movement either in increased expenses or revenue losses equates to a one percentage tax increase on the Village government side of your tax bill. To put in perspective, if you purchased everything on Amazon last year, your Village tax bill would have reflected a 12% increase.
Recognizing the importance of a vital business district, a collaborative effort among Village government, the Chamber of Commerce, two local banks and a network of engaged local residents implemented a very innovative loan program to benefit Bronxville merchants after the devastating economic impact of Covid-19.
The loan program had two parts, the first of which was completed in mid-June.
Part I consisted of 16 separate, rapid-response $5,000 loans to first floor businesses. These one year loans are at a fixed rate of 0.18%.
Part II, which included larger multiyear loans at a rate not to exceed 3%, was open to a broader pool of Bronxville owner-operated businesses with Westchester Bank and Trustco Bank agreeing to be the low cost lenders. Twelve merchants took advantage of this program resulting in an outlay of $400,000.
These two loan programs were the direct result of your neighbors stepping up and recognizing that Bronxville would not be Bronxville without a thriving, vibrant business district. We can all help especially now during the holiday season.
Photo by N. Bower
Bronxville is a quaint village (one square mile) located just 16 miles north of midtown Manhattan (roughly 30 minutes on the train) and has a population of approximately 6,500. It is known as a premier community with an excellent public school (K-12) and easy access to Manhattan. Bronxville offers many amenities including an attractive business district, a hospital (Lawrence Hospital), public paddle and tennis courts, fine dining at local restaurants, two private country clubs and a community library.
While the earliest settlers of Bronxville date back to the first half of the 18th century, the history of the modern suburb of Bronxville began in 1890 when William Van Duzer Lawrence purchased a farm and commissioned the architect, William A. Bates, to design a planned community of houses for well-known artists and professionals that became a thriving art colony. This community, now called Lawrence Park, is listed on the National register of Historic Places and many of the homes still have artists’ studios. A neighborhood association within Lawrence Park called “The Hilltop Association” keeps this heritage alive with art shows and other events for neighbors.
Bronxville offers many charming neighborhoods as well as a variety of living options for residents including single family homes, town houses, cooperatives and condominiums. One of the chief benefits of living in “the village” is that your children can attend the Bronxville School.
The Bronxville postal zone (10708, known as “Bronxville PO”) includes the village of Bronxville as well as the Chester Heights section of Eastchester, parts of Tuckahoe and the Lawrence Park West, Cedar Knolls, Armour Villa and Longvale sections of Yonkers. Many of these areas have their own distinct character. For instance, the Armour Villa section has many historic homes and even has its own newsletter called “The Villa Voice” which reports on neighborhood news.
Village of Bronxville Administrative Offices
Open 9:00am - 4pm excluding holidays and weekends
Bronxville Police Department
Open 24 hours
Bronxville Parking Violations
Open 9:00am - 4pm excluding holidays and weekends
Bronxville Fire Deparment